Investor Presentaiton

Net-zero, climate resilient operations. Progress Sustainability Westpac Group Operational GHG4 Emissions5 (tCO2-e) Before carbon offsets Targets Reduce Scope 1 and 2 GHG emissions by 85% by 2025 and 90% by 2030 against 2016 Reduce Scope 3 supply chain GHG emissions¹ by 35% by 2030 against 2016 70% reduction since 2016 Thousands 29% reduction in 2022 250 200 29% reduction since 2016 12% reduction in 2022 150 Maintain carbon neutral certification Maintained carbon neutral certification² 100 Source equivalent of 100% of global electricity consumption from renewable sources by 2025 52% in 20223 50 50 2016 Baseline ■Scope 1 and 2 GHG emissions ■Scope 3 supply chain (non-financed) GHG emissions 2030 Target - Updated target baselines and Scope 3 supply chain ambition – we will report on these new targets from FY23 • Scope 1 and 2 direct operational absolute emissions reduction target updated to 64% by 2025 and 76% by 2030, relative to a 2021 baseline Scope 3 supply chain (non-financed) absolute emissions reduction target updated to 50% by 2030, relative to a 2021 baseline Note: See footnotes on page 132. The information on this page contains 'forward-looking statements' and statements of expectation reflecting Westpac's current views on future events. They are subject to change without notice and certain risks, uncertainties and assumptions which are, in many instances, beyond its control. Please refer to the disclaimer at the back of this presentation. 52 Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack Westpac GROUP

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